Nigeria Property Centre

Property for Rent in Banana Island, Ikoyi, Lagos

There are 1,381 flats, houses, land and commercial properties for rent in Banana Island as of 19 Aug 2026, with an average price of ₦55M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

621–641 of 1,381 properties for rent

Premium Plus Top promoted listing
3 Bedrooms Waterfront Apartments with BQ
25 photos
₦55,000,000 /yr

Flat / apartment for rent

3 Bedrooms Waterfront Apartments with BQ

Come experience our new 5Star apartment, boasting a spectacular waterfront view, furnished with the most exceptional & impressive interiors, located in the heart of Banana Island, A neighborhood that exudes opulence & grandeur off the foreshore of Ikoyi, Lagos, Rated by Forbes as one of the most expensive & exclusive residences in Africa, They say, "A picture is worth a thousand word" Wonder if these tell a story as we turn a new chapter in the business of luxury, You be the judge. 1year Rent - 55m Service Charge - 5m Agency - 10% Legal - 10% Caution - 5%

Banana Island, Ikoyi, Lagos
3 Beds 3 Baths 4 Toilets 2 Parking

Colmond Enterprise LTD

Fully Furnished 3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
9
₦75,000,000 /yr

Flat / apartment for rent

Fully Furnished 3 Bedroom Apartment

Fully furnished 3 Bedroom apartment for rent Location: Banana island, ikoyi Rent: 75 million naira or 60k usd SVC: 4.2 naira Diesel- included in service charge Legal: Agency: No BQ Book a site inspection today. For Enquires and inspection contact us on 08039426967

Banana Island, Ikoyi, Lagos
3 beds 4 toilets
Projects Team Limited
Finished 5 Units of 4 Bedroom Terraced Apartments with BQ Each — Banana Island, Ikoyi, Lagos
Featured
7
₦250,000,000 /yr

Flat / apartment for rent

Finished 5 Units of 4 Bedroom Terraced Apartments with BQ Each

Direct Brief for Lease Description: Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi Rent Reviewed: 50 million Naira per annum per unit Service charge: 3.5 million Naira exclusive of power Service charge covers, Security, water, cleaning of common areas, lightning of common areas, fumigation... Features; Ample parking space, Fully fitted kitchen, Walk-in closet, Fire alarm system, Dining area, ACs a corporate tenant to take all units or individual corporate to take a single unit can be considered Not for shortlet use Mslett

Banana Island, Ikoyi, Lagos
20 beds
Best Properties
Unfurnished Luxurious 3-Bedroom Flat with BQ — Banana Island, Ikoyi, Lagos
Featured
23
₦80,000,000 /yr

Flat / apartment for rent

Unfurnished Luxurious 3-Bedroom Flat with BQ

Luxurious 3-bedroom flat for lease Coming unfurnished Rent - N80m Legal - 10% Caution Deposit - 10% Agency : 10% SVC:6m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets 2 Parking
Tenvo Ventures
Fully Furnished 3 Bedroom Penthouse — Banana Island, Ikoyi, Lagos
Featured
18
₦70,000,000 /yr

House for rent

Fully Furnished 3 Bedroom Penthouse

Fully furnished 3 bedroom penthouse Features: - All rooms ensuite - Fully furnished - Fully fitted kitchen - Smart TVs - Balcony - Elevator - Swimming pool - Gym - Lounge 3 bedroom - 70m Service charge 4.5 Caution 2.5m Legal 10% Agency 10% Contact ️: 08039426967

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Projects Team Limited
6 Units of 4 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
6
₦60,000,000 /yr

Flat / apartment for rent

6 Units of 4 Bedroom Apartment

For rent ️ 6 units of 4-bedroom apartments banana island, ikoyi Location: Banana Island, Ikoyi Rent: ₦60,000,000 per annum Premium 4-bedroom apartments available for lease in the prestigious Metave Apartments, located within the highly secure Banana Island Estate. Property Features: Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Located across three floors in a two-wing development Swimming pool Elevator (Lift) Standby generator Water treatment plant Ample parking space Gatehouse and dedicated management office comprising three rooms Professionally managed and well-maintained development Situated in one of Lagos' most secure and exclusive residential estates Rent: ₦60,000,000 per annum Agency fee - 10% Legal fee - 10% Caution deposit - 10% Service Charge Deposit - ₦5m annually Diesel Deposit- ₦4m Ref no bok

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Milebrook Investment Limited
4 Bedroom Flat — Banana Island, Ikoyi, Lagos
Featured
9
₦45,000,000 /yr

Flat / apartment for rent

4 Bedroom Flat

4 Bedroom Flat 45M per annum Other charges: - Agency 10% Legal 10% Caution 10% features; Brand new 24 Hours Security Fully Serviced security post All Rooms Ensuite Pop Ceiling Water Heater Walk-in-Shower Interlocked Floor Family Lounge Fitted Kitchen Ample parking Space Gym Swimming pool 08030412154

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Projects Team Limited
Luxury Waterfront Penthouse Apartment — Banana Island Estate, Banana Island, Ikoyi, Lagos
Featured
15
₦40,000,000 /yr

Flat / apartment for rent

Luxury Waterfront Penthouse Apartment

For rent luxury waterfront penthouse Luxury fully furnished 3-bedroom penthouse in a prestigious waterfront location in Ikoyi, Lagos. Property Details Location: Ikoyi, Lagos Rent: ₦40,000,000 per annum 🧾 Service Charge: ₦1,500,000 per annum additional charges Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% Property Features 3 Bedrooms Master's Bedroom All Rooms Ensuite Fully Furnished Swimming Pool Spacious Living Areas Modern Fitted Kitchen Ample Parking Space Secure Environment Prime Waterfront Location Luxury Finishing

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 3 toilets
Powerful Property Consult
3 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
10
₦40,000,000 /yr

Flat / apartment for rent

3 Bedroom Apartment

3 Bedroom Flat Rent: 40m(slightly negotiable) Legal: 10% Agency: 10% Caution: 2m Service charge: 4m ------------------------------------------------------------ Features - Fully Fitted Kitchen - pop Ceilings - Water Treatment - 24/7 Security - Fully serviced - ⁠24hrs power - Water heater - Inbuilt speakers - Walk-in Shower - ⁠Swimming pool - ⁠Elevator Etc ----------------------------------------------------------------------------

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
Projects Team Limited
Luxurious 3 Bedroom Apartment with Elevator — Banana Island Estate, Banana Island, Ikoyi, Lagos
Featured
21
₦35,000,000 /yr

Flat / apartment for rent

Luxurious 3 Bedroom Apartment with Elevator

Dealing with the mandate - for rent Furnished 3 Bedroom Apartment with Elevator + Swimming Pool + Gym Location: Banana Island, Ikoyi, Lagos Rent: ₦35M Per Annum Other Charges: - Legal: 10% - Agency: 10% - Caution: 10% - Service Charge: ₦6M Features: - Elevator - Spacious apartment - All rooms ensuite - Fitted kitchen - 24/7 Electricity - 24/7 Security - CCTV surveillance - Ample parking space - Gym - ⁠Mini golf - Swimming pool - Well treated water - Serene environment For Enquiries & To schedule a site inspection or virtual inspection 🦺 Kindly

Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
1st Step Properties LTD
Modern 3 Bedroom Duplex with 2 Parlors — Banana Island, Ikoyi, Lagos
Featured
23
₦40,000,000 /yr

Terraced duplex for rent

Modern 3 Bedroom Duplex with 2 Parlors

Dealing with mandate brief 3 bedroom Duplex in Banana island With 2 parlors Rent -() 40m() Service charge - 4m Caution fee - 10% Legal fees 10% Agency fees 10% Power 1m

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
1st Step Properties LTD
Exclusively Furnished 3 Bedrooms — Banana Island, Ikoyi, Lagos
Featured
24
₦35,000,000 /yr

House for rent

Exclusively Furnished 3 Bedrooms

Semi Furnished 3 Bedroom Apartment with Elevator + Swimming Pool + Gym Location: Banana Island, Ikoyi, Lagos Rent: ₦35M Per Annum Other Charges: - Legal: 10% - Agency: 10% - Caution: 10% - Service Charge: ₦6M features: - Elevator - Spacious apartment - All rooms ensuite - Fitted kitchen - 24/7 Electricity - 24/7 Security - CCTV surveillance - Ample parking space - Gym - ⁠Mini golf - Swimming pool - Well treated water - Serene environment 1stown

Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 3 Parking
Go Global Realty
Newly Renovated 4 Bedroom Terraced with a Room BQ — Banana Island, Ikoyi, Lagos
Featured
14
₦60,000,000 /yr

Terraced duplex for rent

Newly Renovated 4 Bedroom Terraced with a Room BQ

Ikoyi banana island terrace Description: Newly renovated 4 bedroom terrace with a room bq, swimming pool and gym located off Nasarawa street, Banana Island Estate, Ikoyi. Rent: N60M Service charge: N3m Diesel deposit N2.5m Caution Deposits: N3m Agency: 10% Legal: 10%

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets 3 Parking
Go Global Realty
Fully Serviced Spacious Well Maintained 4 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Featured
9
₦50,000,000 /yr

Terraced duplex for rent

Fully Serviced Spacious Well Maintained 4 Bedroom Duplex

Letting at banana island ikoyi* Fully service spacious & well maintained 4 Bedroom terrace Duplex with a study room Location = Banana island. Ikoyi. Features 2 maids quarters All en-suite rooms Fitted kitchen Balconies Swimming pool Club house Lawn tennis court Squash court Gym house Children's play ground Ample parking Clean and well secured environment Rent = N50m Service charge: N5.5m Diesel deposit: N2m Caution: 10% Agency: 10% Legal: 10% Light is 24hrs electricity everyday. GD edt

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Henryprime
2 Bedroom Furnished Duplex — Banana Island, Ikoyi, Lagos
Featured
9
₦50,000,000 /yr

Detached duplex for rent

2 Bedroom Furnished Duplex

2 bedroom furnished wing of duplex Rent - 50m Refundable deposit 10% Legal 10% Agency fee -10%

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Planwell Homes
Four Bedroom Semi Detached Duplex — Banana Island, Ikoyi, Lagos
Featured
12
₦75,000,000 /yr

Semi-detached duplex for rent

Four Bedroom Semi Detached Duplex

To let four bedroom semidetached duplex for rent location: Banana island road, ikoyi features air conditioners, BQ, 4 car park space, fitted kitchen, study rent: N75million agency: 10% Legal: 10% Caution: 10%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Fidelity Homes and Property Services
Luxury 3 Bedroom Apartment with Jetty, Beach Front, Gym, Pool and BQ — Banana Island, Ikoyi, Lagos
Featured
23
₦30,000,000 /yr

Flat / apartment for rent

Luxury 3 Bedroom Apartment with Jetty, Beach Front, Gym, Pool and BQ

Dealing with the mandate To Let Luxury 3 bedroom apartment with jetty, beach front, gym, pool and Bq Banana island, road Ikoyi Rent: 30 m Service Charge: 5m annually Agency: 10% Legal: 10% Caution: 10% @all

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets
1st Step Properties LTD
2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
23
₦45,000,000 /yr

Flat / apartment for rent

2 Bedroom Apartment

CW09844 Enjoy luxury waterfront living in this beautifully fully furnished 2-bedroom apartment at Banana Island. Offering breathtaking waterfront views, premium amenities, and direct jetty access, this residence is ideal for executives, expatriates, and discerning tenants seeking an exclusive lifestyle. Rental Details Rent: ₦45,000,000 per annum Additional Charges Service Charge: ₦3,400,000 Agency Fee: 10% Legal Fee: 10% Caution Deposit: ₦2,000,000 Features & Amenities Fully Furnished 2 Spacious En-Suite Bedrooms Fully Fitted Kitchen Waterfront Swimming Pool Waterfront Gym Private Jetty Access Elevator Spacious Balconies Waterfront Views Smoke Detectors Water Treatment Plant 24/7 Power Supply 24/7 Security Ample Parking Space Highlights Prime Banana Island Waterfront Location Move-In Ready Luxury Apartment Exclusive Low-Density Residential Environment Spectacular Waterfront Views Ideal for Executives, Expatriates, and Luxury Living Easy Access to Ikoyi, Victoria Island, Marinas, Fine Dining Restaurants, Shopping Centres, and Major Business Districts Location: Banana Island, Ikoyi, Lagos a rare opportunity to lease a luxury furnished waterfront apartment in Banana Island, offering premium amenities, exceptional comfort, and one of Lagos' most prestigious waterfront addresses. For more Information, Pricing and Private Viewings Please Contact: Ifunaya: +234 706 399 0727 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
C W Real Estate
2 Bedroom Apartment — Banana Island, Ikoyi, Lagos
Featured
23
₦45,000,000 /yr

Flat / apartment for rent

2 Bedroom Apartment

CW09844 Enjoy luxury waterfront living in this beautifully fully furnished 2-bedroom apartment at Banana Island. Offering breathtaking waterfront views, premium amenities, and direct jetty access, this residence is ideal for executives, expatriates, and discerning tenants seeking an exclusive lifestyle. Rental Details Rent: ₦45,000,000 per annum Additional Charges Service Charge: ₦3,400,000 Agency Fee: 10% Legal Fee: 10% Caution Deposit: ₦2,000,000 Features & Amenities Fully Furnished 2 Spacious En-Suite Bedrooms Fully Fitted Kitchen Waterfront Swimming Pool Waterfront Gym Private Jetty Access Elevator Spacious Balconies Waterfront Views Smoke Detectors Water Treatment Plant 24/7 Power Supply 24/7 Security Ample Parking Space Highlights Prime Banana Island Waterfront Location Move-In Ready Luxury Apartment Exclusive Low-Density Residential Environment Spectacular Waterfront Views Ideal for Executives, Expatriates, and Luxury Living Easy Access to Ikoyi, Victoria Island, Marinas, Fine Dining Restaurants, Shopping Centres, and Major Business Districts Location: Banana Island, Ikoyi, Lagos a rare opportunity to lease a luxury furnished waterfront apartment in Banana Island, offering premium amenities, exceptional comfort, and one of Lagos' most prestigious waterfront addresses. For more Information, Pricing and Private Viewings Please Contact: Ifunaya: +234 706 399 0727 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
C W Real Estate
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Featured
5
₦65,000,000 /yr

House for rent

5 Bedroom Terraced Duplex

CW09804 a spacious 5-bedroom terrace duplex with a Boys' Quarters (BQ) located in the exclusive Banana Island. Designed for comfortable family living, this residence offers generous living spaces, a serene environment, and the prestige of one of Lagos' most sought-after residential communities. Rental Details Rent: ₦65,000,000 per annum Additional Charges Service Charge: ₦6,000,000 Caution Deposit: ₦2,500,000 Legal Fee: 10% Agency Fee: 10% Caution Fee: 10% Features & Amenities 5 Spacious En-Suite Bedrooms 1 Boys' Quarters (BQ) Spacious Compound Premium Banana Island Location Highlights Located in an Exclusive Gated Community Spacious Family-Friendly Layout Secure and Serene Environment Ideal for Families, Executives, and Expatriates Easy Access to Ikoyi, Victoria Island, Top Schools, Fine Dining Restaurants, Shopping Centres, Marinas, and Major Business Districts Location: Banana Island, Ikoyi, Lagos An excellent opportunity to lease a spacious terrace duplex in Banana Island, offering comfort, privacy, and an exclusive lifestyle within one of Lagos' most prestigious residential addresses. For more Information, Pricing and Private Viewings Please Contact: Olade: +234 810 875 5286 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
C W Real Estate
3 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Featured
13
₦30,000,000 /yr

Terraced duplex for rent

3 Bedroom Terraced Duplex

3 Bedroom unfurnished terrace duplex banana island, ikoyi Experience luxury living in one of Lagos' most prestigious addresses. Property Details: - Type: 3 Bedroom Unfurnished Terrace Duplex - Location: Banana Island, Ikoyi - Compound: Only 4 units in the compound - serene & private residential area - Features: - Extra Lounge - 1 Room BQ - Air Conditioning in all rooms - Clean estate water supply - 24hrs Security - 24hrs Power Supply - 2 Standby Generators - Status: Undergoing comprehensive renovation Rent: 30million annually Min of 2yrs Perfect for executives and families seeking privacy, comfort, and class.

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Oma's Home and Luxury Apartment

Showing 621–641 of 1,381 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
FAQ

Frequently asked questions

The average price of flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

The price of the most expensive flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦12,000,000 per annum.

There are 1,381 available flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.